Federal pension definition

Federal pension means any form of retire- ment allowance provided by the federal government, its agencies or its instrumentalities to retirees of the federal government or their beneficiaries.
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Federal pension means any form of retirement allowance provided by the federal govern- ment, its agencies or its instrumentalities to retirees of the federal government or their benefici- aries.
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Examples of Federal pension in a sentence

  • Under certain very limited circumstances prescribed under the Federal pension laws, in the case of small pensions, the Plan will pay you a cash settlement of the full value of your pension credits, in lieu of a deferred pension, and in full settlement of your rights under the Plan.

  • However, if you are married or party to a common-law relationship at the date of your retirement, Federal pension laws require that the pension be paid in a form which continues to your spouse after your death, for the rest of his/her life, in an amount not less than 60% of the pension you were receiving.

  • This Agreement is premised on the assumption that it is in compliance with Montana State statutes and applicable Federal pension laws as interpreted by the State or Federal Courts and the Pension Benefit Guaranty Corporation.

  • In the event that any of the provisions in this Section 6.2(h) are found by either Party in good faith to be unenforceable or impermissible under Federal pension statute or pension regulations, the Parties agree to coordinate efforts to effect comparable and permissible changes to the respective pension plans that minimize the operational and financial differences of any necessary changes from the arrangement anticipated in this Section 6.2(h).

  • However, if you are married or party to a common-law relationship at the date of your retirement, Federal pension laws require that the pension be paid in a form which continues to your spouse after your death, for the rest of the employee’s life, in an amount not less than 60% of the pension you were receiving.

  • However, if you are married or party to a com- mon-law relationship at the date of your retirement, Federal pension laws require that the pension be paid in a form which continues to your spouse after your death, for the rest of his/her life, in an amount not less than 60% of the pension you were receiving.

  • However, if you are married or party to a common-law relationship at the date of your retirement, Federal pension laws require that the pension be paid in a form which continues to your spouse after your death, for the rest of their life, in an amount not less than 60% of the pension you were receiving.

  • However, if you are married or party to a common-law relationship at the date of your retirement, Federal pension laws require that the pension be paid in a form which continues to your spouse after your death, for the rest of his/her life, in an amount not less than sixty percent (60%) of the pension you were receiving.

  • Unless Federal pension legislation governs the Plan, the Annuitant’s spouse and/or the Annuitant, where required by applicable pension legislation, may waive the right to a life annuity or any other benefit, as provided in applicable pension legislation, as the surviving spouse and may revoke the waiver.

Related to Federal pension

  • war pension means a war disablement pension, a war widow’s pension or a war widower’s pension;

  • occupational pension means any pension or other periodical payment under an occupational pension scheme but does not include any discretionary payment out of a fund established for relieving hardship in particular cases;

  • Single Life Annuity means an annuity payable for the life of a Participant.

  • state pension credit means state pension credit under the State Pension Credit Act 2002;

  • Normal Retirement Benefit means the benefit described in Section 2.1.